DFS Annual Report

Notes to the Consolidated and Combined Financial Statements (in millions, except per share data, unless otherwise indicated)-(Continued) Note 17. Comprehensive Income The components of other comprehensive income and income tax expense allocated to each component for the years ended December 31, 2016, 2015 and 2014 were as follows: 2016 2015 2014 Before Tax Amount Income Tax Expense Net of Tax Amount Before Tax Amount Income Tax Expense Net of Tax Amount Before Tax Amount Income Tax Expense Net of Tax Amount Translation adjustments . . . . . . . . . . . . . . . . . . . . . . $ (0.1) $— $(0.1) $ (7.5) $ — $ (7.5) $ (2.9) $ — $ (2.9) Adjustment for net periodic pension plan and other postretirement benefits plan cost . . . . . . . . . . . . . 11.9 4.8 7.1 45.9 18.4 27.5 (284.5) (114.6) (169.9) Other comprehensive income (loss) . . . . . . . . . . . $11.8 $ 4.8 $ 7.0 $38.4 $18.4 $20.0 $(287.4) $(114.6) $(172.8) The following table summarizes changes in accumulated other comprehensive loss by component for the years ended December 31, 2016, 2015 and 2014: Pension and Other Postretirement Benefits Plan Cost Translation Adjustments Total Balance at January 1, 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(495.3) $ (5.6) $(500.9) Other comprehensive loss before reclassifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . (244.5) (2.9) (247.4) Amounts reclassified from accumulated other comprehensive loss . . . . . . . . . . . . . . . 74.6 — 74.6 Net change in accumulated other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . (169.9) (2.9) (172.8) Balance at December 31, 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(665.2) $ (8.5) $(673.7) Other comprehensive income (loss) before reclassifications . . . . . . . . . . . . . . . . . . . . 5.7 (7.5) (1.8) Amounts reclassified from accumulated other comprehensive loss . . . . . . . . . . . . . . . 21.8 — 21.8 Transfer of pension plan to parent company, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 637.7 — 637.7 Net change in accumulated other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . 665.2 (7.5) 657.7 Balance at December 31, 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ — $(16.0) $ (16.0) Other comprehensive income before reclassifications . . . . . . . . . . . . . . . . . . . . . . . . . 6.7 (0.1) 6.6 Amounts reclassified from accumulated other comprehensive loss . . . . . . . . . . . . . . . 0.4 — 0.4 Transfer of pension plan from parent company, net . . . . . . . . . . . . . . . . . . . . . . . . . . . (59.3) — (59.3) Net change in accumulated other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . (52.2) (0.1) (52.3) Balance at December 31, 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (52.2) $(16.1) $ (68.3) F-30